In the Sky • Aug 2010 New Global Airline LATAM Airlines Group • Maggiore Compagnia Sud Americana • Fusione tra la Cilena Lan e la Brasiliana Tam •

In the Sky • Aug 2010 New Global Airline LATAM Airlines Group • Maggiore Compagnia Sud Americana • Fusione tra la Cilena Lan e la Brasiliana Tam •

La Cilena Lan Airlines e la Brasiliana Tam VOLANO a NOZZE: le 2 Compagnie Aree hanno siglato un accordo di fusione.

L’unione fra Lan e Tam, una volta conclusa, porterà alla nascita di LATAM Airlines.

• In base all’accordo siglato, riporta l’agenzia Stampa Bloomberg News, l’accordo di fusione prevede 0,9 azioni Lan per ogni titolo Tam.

La nuova Aerolinea nata dalla fusione si piazzerebbe al 11° posto nel mondo per passeggeri con un traffico di 46 milioni annui.

L'intesa permette a entrambe le Compagnie di mantenere i rispettivi marchi sotto il controllo di una HOLDING

• ALLEANZE GLOBALI & DESTINATIONS •

LAN fa parte dell'Alleanza aerea Oneworld mentre Tam della rivale Star Alliance.

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• Chile's Lan Airlines (NYSE: LFL), South America's largest carrier, will acquire Brazil's Tam SA (NYSE: TAM) for $3.7 billion in a deal that will allow Lan to boost its footprint in Brazil, Latin America's largest Economy.

LAN shareholders will own 70% of the combined company and Tam investors will own the rest.

The announcement comes five months after Chile’s President Sebastian Pinera sold his 26 percent stake in Lan for $1.5 billion and after Lan shares doubled in the past year, according to Bloomberg News.

Tam had 2009 revenue of $4.9 billion compared with Lan’s $3.7 billion.

Tam has 63 destinations in 14 countries while Lan has 70 destinations in 17 countries, Bloomberg reported.

The combined Company will be based in the Chilean capital of Santiago and will be the 15th largest airline in the world based on revenue and the 11th largest by passengers.

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LAN Airlines is one of the Leading Airlines in Latin America.

LAN makes reference to the consolidated entity that includes LAN Airlines, LAN Express, LAN Peru, LAN Ecuador, and LAN ARGENTINA, as well as LAN Cargo and its affiliates.

The LAN Alliance serves 15 destinations in Chile, 12 destinations in Peru,
10 destinations in Argentina, 2 destinations in Ecuador, 15 destinations in other Latin American countries and the Caribbean, three destinations in USA, 2 destinations in Europe and 4 destinations in the South Pacific,
as well as 52 additional international Destinations through its various code-share agreements. Currently, the LAN Alliance operates 70 passenger aircraft and 10 dedicated freighters.

+ info : • www.lan.com or • www.oneworldalliance.com

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